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304 Pearl Street , #202

Providence, RI 02907
  • $255,000
  • STATUS: Closed
  • ON SITE: 89 Days
  • MLS #: 1355032
Sold - 06/13/2024
$255,000
SOLD - 06/13/2024
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 921
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1879
County:
Area:

School Ratings & Info

Description

Enjoy Loft living in this stunning unit within the West End's Pearl Street Lofts. This is an affordable housing unit & therefore has important income guidelines that a qualified buyer must meet but also includes a silent second lien in the amount of $56k that does not accrue interest and is able to go towards your purchase--this means that while the purchase price is $240k the mortgage would be based upon $184k minus any additional down payment! That's amazing! Maximum allowed gross income for a single person is $62,950 or $71,950 for a two person household for this unit. Featuring original hardwood floors, soaring ceilings, brick walls & an open, sun-filled space, you'll be inspired to call this home. Upon entering the unit there is a bedroom which has been converted into a multi-use space and features a platform bed overlooking transom windows. The hallway leads to the living room/kitchen and features large windows, exposed brick, and industrial charm. Owners can utilize the rooftop common area for warmer months. Buyers can utilize additional first time home buyer programs such as Washington Trust Community Lending program for first time home buyers for an interest rate that is 2% below current rates! Or other down payment assistance programs for a smart buying opportunity. Located in a lively neighborhood, this condo puts you within easy reach of Providence's best dining, shopping & entertainment options, making it a perfect urban home base.

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[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-24T15:37:36.947.
www.krekorianteam.com/homes/148918575
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304 Pearl Street , #202 Providence, RI 02907

  • Price: $240,000
  • Status: Closed
  • On Site: 89 Days
  • Updated: 47 min ago
  • MLS #: 1355032
1
Beds
1
Baths
0
½ Baths
N/A
Acres
921
SQFT
$277
$/SQFT
1879
Built
Neighborhood:
West End
County:
Providence
Area:
Providence
Property Description
Enjoy Loft living in this stunning unit within the West End's Pearl Street Lofts. This is an affordable housing unit & therefore has important income guidelines that a qualified buyer must meet but also includes a silent second lien in the amount of $56k that does not accrue interest and is able to go towards your purchase--this means that while the purchase price is $240k the mortgage would be based upon $184k minus any additional down payment! That's amazing! Maximum allowed gross income for a single person is $62,950 or $71,950 for a two person household for this unit. Featuring original hardwood floors, soaring ceilings, brick walls & an open, sun-filled space, you'll be inspired to call this home. Upon entering the unit there is a bedroom which has been converted into a multi-use space and features a platform bed overlooking transom windows. The hallway leads to the living room/kitchen and features large windows, exposed brick, and industrial charm. Owners can utilize the rooftop common area for warmer months. Buyers can utilize additional first time home buyer programs such as Washington Trust Community Lending program for first time home buyers for an interest rate that is 2% below current rates! Or other down payment assistance programs for a smart buying opportunity. Located in a lively neighborhood, this condo puts you within easy reach of Providence's best dining, shopping & entertainment options, making it a perfect urban home base.
Exterior Features

Architectural Style Loft Construction Materials Drywall Brick Covered Spaces 0 Entry Level 2 Entry Location Elevator Exterior Features Paved Driveway Foundation Details See Remarks Garage YN No Levels One Parking Features No Garage Unassigned Parking Total 0

Interior Features

Appliances Dryer Dishwasher Disposal Gas Water Heater Oven Range Refrigerator Range Hood Washer Basement None Basement YN No Below Grade Finished Area 0 Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Hardwood Heating Forced Air Gas Heating YN Yes Interior Features Skylights Tub Shower Living Area 921 Window Features Skylights Storm Windows

Property Features

Accessibility Features Accessible Elevator Installed Association Fee 347 Association Fee Frequency Monthly Association Fee Includes Sewer Snow Removal Water Buyer Financing Conventional Common Interest Condominium Community Features Highway Access Near Hospital Near Schools Public Transportation Recreation Area Restaurant Shopping Sidewalks Electric Item100 Amp Service Item220 Volts Human Modified YN Yes Laundry Features In Unit New Construction YN No Pets Allowed Yes Property Sub Type Condominium Senior Community YN No Sewer Connected Tax Annual Amount 2159 Tax Assessed Value 206400 Tax Lot 202 Tax Year 2023 Utilities Sewer Connected Water Source Connected Water Tap Fee Zoning M- MU-75

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of eXp Realty: .



[Rhode Island Statewide MLS] logo

© 2024 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-06-24T15:37:36.947.
 
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140 Point Judith Road #23
Narragansett RI, 02882